Symbols

RSPT

Invesco S&P 500 Equal Weight Technology ETF·ARCA

--(--)

Key Stats

Assets Under Management

4.09BUSD

Fund Flow (1Y)

-41.27MUSD

Dividend Yield

0.38%

Discount / Premium to NAV

-0.04%

Shares Outstanding

88.25M

Expense Ratio

0.40%

About Invesco S&P 500 Equal Weight Technology ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-RSPT

Inception Date

Nov 1, 2006

Structure

Open-Ended Fund

Index Tracked

S&P 500 Equal Weight Information Technology Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Invesco Capital Management LLC

Distributor

Invesco Distributors, Inc.

RSPT provides broad coverage of large technology companies but its equal-weighting scheme skews it away from having a market-like portfolio. A pure market-cap benchmark would invest heavily in its top securities, which are the mega-caps in the tech industry. Instead, RSPT allocates only a fraction of its overall assets to its top ten holdings. This produces sector tilts such as an overweight to semiconductors and an underweight to software & IT services. The index is rebalanced on a quarterly basis. Prior to June 07, 2023, the fund traded under the ticker, RYT.